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New era for F1 as Liberty agrees on US$8b takeover

Friday, September 9, 2016 - 05:50

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Mr Ecclestone said he would stay on as CEO and "continue to do all the things I have previously done".

Washington

FORMULA One entered a new era on Wednesday as US billionaire John Malone's Liberty Media agreed to a takeover that values the motorsport at US$8 billion and raises questions over the role of its colourful, long-time mastermind, Bernie Ecclestone.

In a deal that ends

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